The New Century IDA: Empowerment through Financial Education

The New Century IDA(Individual Development Accounts) helps people become successful 1st time homeowners, by teaching them financial literacy and economic independence. These stories are from the heart of the program: from IDA and housing success stories, to articles by working group members and volunteers.

Sunday, July 14, 2019

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New Century IDA
Winston Salem, North Carolina, United States
The New Century IDA empowers those with low and moderate income through asset building, financial literacy classes, credit counseling, and step by step guidance to successful homeownership. With innovative classes and their hands on/high touch approach to teaching successful homeownership, as well as the use of success coaches to guide participants through the classes and home buying process, the New Century IDA’s program has shown a great success rate. Since it's formation in 1999 more than 400 individuals have successfully purchased their dream home through this program. This blog is the voice of the people who own homes because of this program, those currently going through the program, and the people working behind the scenes. Working Group Members: Habitat for Humanity of Forsyth County; United Way of Forsyth County; Forsyth County Department of Housing; Experiment in Self Reliance (ESR); Forsyth County Department of Social Services; Housing Authority of Winston Salem (HAWS); City of Winston Salem Community and Business Development; Center for Homeownership (CHO); Consumer Credit Counseling Services, of Forsyth County
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